I. Investments and sundry assets
|($ in millions)|
|At December 31:||2008||2007*|
* Reclassified to conform with 2008 presentation of deferred taxes, previously combined in investments and sundry assets.
** Deferred transition and setup costs and other deferred arrangements are related to Global Services client arrangements. Also see note A, “Significant Accounting Policies,” for additional information.
+ See note L, “Derivatives and Hedging Transactions,” for the fair value of all derivatives reported in the Consolidated Statement of Financial Position.
|Deferred transition and setup costs and other deferred arrangements**||$1,548||$1,475|
|Derivatives — noncurrent+||1,117||259|